European car sales rise 3.2% in Feb
The European Automobile Manufacturers Association has today revealed registrations of new cars in Europe grew an annual 3.2% in February to 1,000,754 vehicles.
However, a severe fall of 30% was noted in Germany as the country’s scrappage scheme expired, but the fall was offset by growth in Italy and the UK, which still have incentive packages [...]
[ Published on :
Wed, 17 Mar 2010 10:12 ]
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Nissan recalls nearly 540,000 vehicles worldwide
(AFP)
 AFP - Japans Nissan Motor said Wednesday it would recall nearly 540,000 vehicles worldwide, most of them in the United States, due to brake pedal defects and faulty fuel gauges.
[ Published on :
Wed, 03 Mar 2010 10:49 ]
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Ford adds 60 jobs at Cleveland-area engine plant
(AP)
AP - The Ford Motor Co. announced Friday that it is investing $155 million and adding 60 jobs at an engine plant in suburban Cleveland to build a fuel-efficient V-6 engine for the 2011 Mustang.
[ Published on :
Fri, 26 Feb 2010 09:38 ]
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Toyota subsidiary Daihatsu recalls 275,000 vehicles
(AFP)
 AFP - Daihatsu Motor Co., a subsidiary of embattled Toyota, said Thursday it was recalling almost 275,000 vehicles due to possible defects, the latest in a raft of problems hitting Japanese carmakers.
[ Published on :
Thu, 11 Mar 2010 09:51 ]
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Park Row told to repay millions by FSA
Leeds-based independent financial advice company, Park Row Associates, has failed to give suitable advice, according to the Financial Services Authority (FSA) and has therefore been ordered to pay compensation to customers.
The City Watchdog has established that customers of Park Row Associates were at risk of receiving unsuitable advice about all of its financial products.
Customers who [...]
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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Ford monthly sales soar 43%
Ford Motor company overtook its rivals last month by announcing sales surged 43% - outperforming its major rival, General Motors (GM).
It also accelerated past Toyota, which has been suffering amid major recalls. Toyota has now recalled over 8 million cars over concerns about accelerator pedals and brake systems.
Ford said US sales rose 43% [...]
[ Published on :
Thu, 04 Mar 2010 10:04 ]
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Toyota disputes critic who blames electronics
(AP)
 AP - Toyota, dogged by millions of recalls and claims that it still has not fixed its safety problems, took its strongest step yet Monday to silence critics who blame faulty electronics for runaway cars and trucks.
[ Published on :
Tue, 09 Mar 2010 09:19 ]
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Toyota must do much better on safety, says chief
(AFP)
 AFP - Toyota battled Tuesday to seize back the initiative over a worldwide rash of safety recalls as the Japanese automaker, heading into a showdown in Congress, grappled with US criminal subpoenas.
[ Published on :
Tue, 23 Feb 2010 10:31 ]
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Senate panel to review Toyota recalls
(AP)
 AP - Toyota Motor Corp. faces more questions from Congress over its troubled safety record when top company officials testify Tuesday at a Senate hearing on the automakers huge worldwide recall of 8.5 million vehicles.
[ Published on :
Tue, 02 Mar 2010 05:14 ]
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Auto parts retailer Halford’s Group leads gains in London
Equities markets in Europe were higher Thursday, led by a nearly 1 percent gain for the FTSE 100 in London.
The 100 added 0.92 percent to 5,325.04 while the FTSE 250 was 0.59 percent higher to 9,385.27.
Auto parts retailer Halford’s Group (LSE: HFD) was the biggest gainer in London as it added 12.05 percent on the [...]
[ Published on :
Fri, 19 Feb 2010 09:55 ]
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Toyota chief urges company to restart
(AFP)
 AFP - Toyotas president swapped his business suit for a workers uniform Friday as he sought to reassure workers and urge them to make a fresh start following the automakers global mass recall crisis.
[ Published on :
Fri, 05 Mar 2010 02:43 ]
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